Arsenal chief Gazidis insists Wenger will spend big when needed

Gazidis defended Wenger, who many have accused of letting the club fall far behind the likes of the Manchester teams due to his perceived aversion to spending money.

Gazidis said: "I don't think Arsene is conservative, I think he is extraordinarily brave. I think he does things others don't do and sees things others don't see.

"Arsene is not fixed on the price of a player in assessing a player's value, he will look with equal weight at a young player who is coming through the Arsenal academy and a player that might be available with a very hefty price tag from overseas.

"He is not afraid to spend money when he believes in a player and sees a player he thinks can kick us forward but he is not obsessed with the security that a big transfer fee might give him."

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